On the average, how much does it cost to file Chapter 13 bankruptcy in New York?
The filing fee for a Chapter 13 bankruptcy is $274, unless your income qualifies you for a waived filing fee, which the debtor would have to request from the court. Attorney fees can vary, but attorneys generally charge more for Chapter 13 cases than for Chapter 7 cases because Chapter 13 cases are more complex. I have seen ranges of $3300 to $4000 for attorney fees in Chapter 13 cases.
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As a Long Island Chapter 13 bankruptcy attorney, I am very familiar with the costs involved with filing a Chapter 13 proceeding in New York.
The filing fee is indeed $274 and it is extremely rare that it would be waived.
The legal fees do have a range, based in part on the complexity of your situation and who your attorney is. Some attorneys will do a simple Chapter 13 towards the lower end of the $3,000 range, whereas other attorneys could charge over $4,000 if there are unusual issues that might involve tax debts, owning your own business, unusual mortgage issues, etc.
In addition to the above fees, you must also do mandatory credit counseling before filing, which usually costs about $50. There is a second credit counseling requirement called debtor education, which also costs $50, but you have many months or even years to do that.
I urge you to meet with a qualified bankruptcy attorney to explore how Chapter 13 might help you. Some bankruptcy attorneys offer free consultations. For more information about Chapter 13, please see the link below. Also, click the other link below to read an article written in the Suffolk Lawyer about a seminar held at the Bar Association where attorneys discussed, on the two-year anniversary of the new bankruptcy laws, various Chapter 13 issues including the typical amounts attorneys charge for Chapter 13 cases.
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The other link referred to above did not get listed. It is below.
(This is an article written in the Suffolk Lawyer about a seminar held at the Bar Association where attorneys discussed, on the two-year anniversary of the new bankruptcy laws, various Chapter 13 issues including the typical amounts attorneys charge for Chapter 13 cases.)
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